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To: mikelets456

This is less about the overall economy than the collapsing demand for impractical electric vehicles.

What’s hitting Tesla the hardest right now is they’re not getting the repeat customers they need to establish a long term foothold in the market.

EV’s are simply a fad and the fad, ironically, is running out of gas.


5 posted on 05/20/2024 9:32:31 AM PDT by MeganC (Ruzzians aren't people. )
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To: MeganC

“This is less about the overall economy than the collapsing demand for impractical electric vehicles.”

No. It is about sales in China where the Chinese are rapidly flooding their market with subsidized EVs.


8 posted on 05/20/2024 9:35:54 AM PDT by TexasGator
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To: MeganC

“What’s hitting Tesla the hardest right now is they’re not getting the repeat customers they need to establish a long term foothold in the market.”

What is hurting Tesla most is cheap subsidized cars in China.


13 posted on 05/20/2024 9:41:44 AM PDT by TexasGator
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To: MeganC

“EV’s are simply a fad and the fad, ironically, is running out of gas.”

The Tesla Y is the #1 car sold in the world.


17 posted on 05/20/2024 9:49:30 AM PDT by TexasGator
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To: MeganC

28 posted on 05/20/2024 10:36:26 AM PDT by TexasGator
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To: MeganC

Elon Musk just lost $28 billion as Tesla took a beating. Now Toyota says ‘people are waking up to reality’ that EV adoption will be an uphill battle

https://fortune.com/2023/10/25/toyota-chairman-akio-toyoda-electric-vehicles-ev-ford-gm-tesla-earnings-elon-musk/

EVs are indeed a fad because they’re impractical and we don’t have electrical generation capacity.

Mandating EVs will destroy the economy; that’s why Biden wants EVs.


33 posted on 05/20/2024 11:39:18 AM PDT by packagingguy
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